Bigben secures creditor backing for EUR 73.2 million debt-to-equity swap plan

Reuters2026/08/04 18:13

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Bigben Interactive reached a debt restructuring term sheet with key financial creditors, then filed for an accelerated safeguard procedure.
Plan centers on EUR 73.2 million debt conversion, including EUR 59.4 million obligations seniors échangeables en actions Nacon.
Structure includes EUR 26 million ORAR issuance, then EUR 47.2 million converted into equity at discounted conversion prices.
Deal adds EUR 25 million new-money rights issue, guaranteed up to EUR 20 million by participating creditors, implying heavy shareholder dilution.
Implementation hinges on court approval in August, with part of new money earmarked for reinvestment into Nacon alongside its own restructuring.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bigben Interactive SA published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bigben secures creditor backing for EUR 73.2 million debt-to-equity swap plan

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